Clarification on Interest Charges for Wrong Availment of IGST Credit u/s 50(3) of CGST Act

Last updated: 18 July 2023


CBIC vide Circular No. 192/04/2023-GST dated July 17, 2023 has issued clarification on charging of interest under section 50(3) of the CGST Act, 2017, in cases of wrong availment of IGST credit and reversal thereof. References have been received from trade requesting for clarification regarding c

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